Renewable Energy

India's Ola plans to set up research center in Bay Area

Credit: REUTERS/Aditi Shah

India's taxi aggregator Ola said on Thursday it plans to set up its first research center in San Francisco area to push its electric mobility and autonomous vehicles.

June 13 (Reuters) - India's taxi aggregator Ola said on Thursday it plans to set up its first research center in San Francisco area to push its electric mobility and autonomous vehicles.

The Advanced Technology Center aims to build a team of more than 150 engineers for experiments on these, the company said.

The move is a part of Ola's global initiatives to drive mobility-led changes, it added.

Last week, Reuters reported India planned to order taxi aggregators like Uber UBER.N and Ola to convert 40% of their fleet of cars to electric by April 2026.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by Shailesh Kuber)

((Sayanti.Chakraborty@thomsonreuters.com; +1-646-223-8780; Reuters Messaging: sayanti.chakraborty.thomsonreuters@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Renewable Energy Videos

    #TradeTalks: Financing the transition to renewable energy with green bonds #2021Outlook

    GreenBond Advisors Co-Founders Bill Dale and Jonas Englund join Jill Malandrino on Nasdaq #TradeTalks to discuss financing the transition to renewable energy with green bonds. #2021Outlook

    Nov 24, 2020

    Reuters

    Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

    Learn More